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1658 W University Dr McKinney, TX 75069

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For Sale
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Retail space with an existing long-term ground lease.

Property size:
532 SF
Lot size:
16.17 Acres

Property Features for 1658 W University Dr

General Information

Size
532 SF
Lot size
16.17 Acres

Source: The Weitzman Group | Dallas Agent Michelle Caplan

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Retail Ground Lease Opportunity

This retail property features a 15-year ground lease, with approximately 9 years remaining on the current term. The tenant has the option to extend the lease with 4 additional 5-year terms. The lease is structured as an absolute NNN ground lease. The property has a size of 532 square feet and is located in McKinney, TX.
Location Intelligence

Current Use by Public Records

Jamba Juice Shop

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
McKinney
County
Collin
State
Texas
Longitude
-96.6299656
Latitude
33.2183475

FAQs

What type of property is this?
Retail space - Retail space with an existing long-term ground lease.
Where is this retail space located?
The property is located at 1658 W University Dr McKinney, TX.
What are key features of this property?
This property features: - Absolute NNN ground lease; - Tenant has 4 (5-year) options to extend; - 15-year ground lease
More about this property
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